1985 (1) TMI 214 - AT - Central Excise

Summary

The judgment by the Appellate Tribunal CEGAT, New Delhi dealt with whether charges like Bank commission, Hundi commission, or interest in invoices should be included in the assessable value. The Collector (Appeals) held that these post-clearance expenses should be abated from the assessable value under Section 4 of the Central Excise Act, even if the appellant opted for a different procedure. The Tribunal confirmed this decision, stating that statutory provisions prevail over notifications, and such expenses cannot be part of the assessable value. The appeal was dismissed.